Based on today's classical pivot point (P1) with the value of $0.0₅5758, Robinhood has support levels of $0.0₅5437, $0.0₅5032, and the strongest at $0.0₅4711. Similarly, Robinhood resistance levels are at $0.0₅6162, $0.0₅6484, and $0.0₅6888.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5437 | |
| S2 | $0.0₅5032 | |
| S3 | $0.0₅4711 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6162 | |
| R2 | $0.0₅6484 | |
| R3 | $0.0₅6888 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 54.77 | NEUTRAL |
| Stoch RSI (14) | 63.57 | NEUTRAL |
| Stochastic Fast (14) | 56.62 | NEUTRAL |
| Commodity Channel Index (20) | 73.03 | NEUTRAL |
| Average Directional Index (14) | 19.94 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -43.38 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.42 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Robinhood price was most positively correlated with the price of Solana (SOL), KuCoin Token (KCS), LayerZero (ZRO), Ethereum Classic (ETC) and Dash (DASH) and most negatively correlated with the price of Decred (DCR), Polkadot (DOT), Optimism (OP), Immutable X (IMX) and Aster (ASTER).
| Name | Correlation |
|---|---|
| Solana | 0.734 |
| KuCoin Token | 0.713 |
| LayerZero | 0.707 |
| Ethereum Classic | 0.700 |
| Dash | 0.693 |
| Name | Correlation |
|---|---|
| Decred | -0.418 |
| Polkadot | -0.350 |
| Optimism | -0.319 |
| Immutable X | -0.315 |
| Aster | -0.273 |
Robinhood price is positively correlated with the top 10 coins by market cap with a price of 0.330, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.274.
Currencies that are positively correlated with Robinhood indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Robinhood, a move in one direction for Robinhood would translate into a move in the opposite direction for the negatively correlated coin.
